Annual GDP growth in Aruba

Aruba: Annual GDP growth was 4.3% in 2023. ◆ Volatile

Latest (2023)
4.3%
Change on year
down 50.0%
World rank
67th
of 211 countries
All-time high
24.1%
in 2021
All-time low
-26.2%
in 2020
Years of data
24
2000–2023

Annual GDP growth in Aruba, 2000–2023

-200202000201120232000: 7.6 %2001: 4.2 %2002: -0.94 %2003: 1.1 %2004: 7.3 %2005: -0.38 %2006: 1.1 %2007: 3.1 %2008: 1.8 %2009: -11.7 %2010: -2.7 %2011: 3.4 %2012: -1 %2013: 6.4 %2014: -1.6 %2015: -0.62 %2016: 1.7 %2017: 7 %2018: 2.4 %2019: -2.2 %2020: -26.2 %2021: 24.1 %2022: 8.5 %2023: 4.3 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for annual gdp growth in Aruba is 4.3%, measured in 2023.

That represents a change of down 50.0% on the previous year and down 33.7% over ten years.

Over the whole period, annual gdp growth in Aruba peaked at 24.1% in 2021 and was at its lowest, -26.2%, in 2020.

That places Aruba 67th out of 211 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.3% -11.7% 7.6% 10
2010s 1.3% -2.7% 7.0% 10
2020s 2.7% -26.2% 24.1% 4

Countries ranked near Aruba

  1. 64 Nicaragua 4.6% compare
  2. 65 French Polynesia 4.5% compare
  3. 66 Cayman Islands 4.4% compare
  4. 68 Somalia 4.2% compare
  5. 69 Curacao 4.2% compare
  6. 70 Namibia 4.2% compare

See the full ranking of 211 places →

More economy & growth data for Aruba

All data for Aruba →

Frequently asked questions

What is annual gdp growth in Aruba?
Annual gdp growth in Aruba was 4.3% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Aruba?
The highest recorded value was 24.1% in 2021.
What is the lowest annual gdp growth recorded in Aruba?
The lowest recorded value was -26.2% in 2020.
How does Aruba rank for annual gdp growth?
Aruba ranks 67th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Aruba?
Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
Where does this Aruba data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)